Knight Views, a monthly ezine from Dimension 11 Ltd.

October 2004
just a blue line with a blue diamond on it -- kinda pretty, but you really aren't missing much
A Dimension 11 Ltd. Monthly Online Newsletter

Intrapreneurism — The Next Step in Your Career Development

ow's the job lately? Getting a little bored? Antsy to do something else but not sure what? Well, the answer may not be to start looking for a new job. Perhaps you can change what you're doing right where you are. Think “intrapreneur”!

An intrapreneur is a person who engages in entrepreneurial activity with an organization, someone who is responsible for taking an idea or a process and turning it into a profitable venture.

Intrapreneurship is an opportunity to try out ideas to improve the organization you work for, while not having to take the financial risks. The organization foots the bill, so to speak. If you work for an company that fosters innovative thinking and employee growth, you could be in business as an intrapreneur.

Being an intrapreneur is like running your own company within an existing organization. The intrapreneur is able to get business development training and coaching while working on a project, so success is more likely.

You will need a sponsor who will back you and champion your efforts and ideas. A sponsor is generally a senior member of the organization who wants to see the project succeed and can use connections and experience to help this happen.

ifford Pinchot pioneered the term “intrapreneur” back in 1982. His advice to intrapreneurs is:

  • Do any job needed to make your project work, regardless of your job description.
  • Share credit wisely.
  • Remember, it is easier to ask for forgiveness than permission.
  • Come to work each day willing to be fired.
  • Ask for advice before asking for resources.
  • Follow your intuition about people; build a team of the best.
  • Under-promise and over-deliver; early publicity triggers the corporate immune system.
  • Never bet on a race unless you are running in it.
  • Be true to your goals and realistic about ways to achieve them.
  • Honour your sponsors.

So, if you have an idea you'd like to develop within your organization, take a proposal to the boss. Maybe intrapreneurism will be the next step in your career development.

'Tis Almost the Season

s my son and I watched big white flakes of snow falling, he turned to me and asked, “How many sleeps till Christmas?” This early snowfall reminds us the season of shopping, wrapping, baking, etc. is coming.

How do you juggle these activities so Christmas is relaxing, enjoyable?

Be organized – keep activities listed on the calendar.

Start early – make lists and prepare what you can in advance.

Don't overbook – it's still okay to say no, even if it is Christmas.

Smile – when things get hectic, smile; it will remind you why the season is special.

Focus on the positives – always remember the people you love, it will keep things in perspective.

UPCOMING
WORKSHOPS

November

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Quote of the Month

“Without change there is no innovation, creativity, or incentive for improvement. Those who initiate change will have a better opportunity to manage the change that is inevitable.”

~William Pollard~

To read back issues of Knight Views, go to the archives.

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